Navistar International on Monday turned down Volkswagen truck unit Traton‘s buyout offer of $43 per share, but said it was a starting point for finding out a possible transaction. The German …
Volkswagen
Articles related to German automaker Volkswagen.
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Volkswagen not seeking a deal with Tesla, says CEO Herbert Diess
by SpeedLuxby SpeedLuxVolkswagen’s CEO Herbert Diess on Monday sought to quell speculation that the world’s largest automaker, which is on its way to push for mass production of electric cars, has plans …
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Volkswagen backed QuantumScape to go public at $3.3 billion valuation
by SpeedLuxby SpeedLuxQuantumScape said on Thursday it prepares to go public through a reverse merger with Kensington Capital Acquisition Corp KCAC.N with an enterprise value of $3.3 billion. QuantumScape is the 10-year-old …
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CEO Diess enjoys full support from supervisory board, says Volkswagen
by SpeedLuxby SpeedLuxVolkswagen on Thursday moved to turn down rumours that CEO Herbert Diess had been sidelined by issuing an unsolicited declaration of support, after clashes with the company’s labor leaders who …
A German court on Tuesday stated it had started proceedings against current and former Volkswagen managers, including management board members, on suspicion they awarded excessive pay to labor leaders in …
Volkswagen AG is expanding its cloud-based software and data portal, intending to develop it into an industry-wide marketplace where business consumers can purchase and sell industrial applications, the automaker said …
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Legal case of Korean battery providers to Ford and VW turns into a fight for jobs
by SpeedLuxby SpeedLuxSouth Korea’s rival battery-makers LG Chem and SK Innovation, who are the suppliers to leading automakers such as Volkswagen, Ford and General Motors, are caught in a growing row in …
Volkswagen on Wednesday stated it was replacing software chief Christian Senger and moving the center of its group-wide software development from its Wolfsburg headquarters to Ingolstadt, where the automaker’s premium …
Volkswagen will move leadership for software development to the company’s premium Audi division located in Ingolstadt, Bavaria, Herbert Diess, CEO of the multi-brand group stated on Tuesday. “The center of …

